A manufacturer produced x percent more video cameras in 1994 than in 1993 and y percent more in 1995 than in 1994. If the manufacturer produced 1,000 video cameras in 1993, how many video cameras did the manufacturer produce in 1995?We are given the number of cameras produced in 1993.
Information on the percentage increase for each of the two years or the overall percentage increase for the entire two years would enable determining the number produced in 1995.
(1) xy = 20There are infinite different values of x and y that could multiply to 20.
For example, x = 5, and y = 4, or x = 0.1, and y = 200.
Different values of x and y lead to different numbers produced in 1995.
Insufficient.
(2) x + y + xy/100 = 9.2When we see an equation like this one as a statement in a Data Sufficiency question, a good way to determine whether the statement is sufficient for answering the question is to determine what the formula represents.
In this case, per the passage, x and y represent the percentage changes for 1994 and 1995.
So, to determine what the formula represents, we have only to identify what xy/100 represents.
x * y/100 is y percent of x.
So, what we can recognize is that y percent of x is the percentage increase for the second year attributable to the compounding effect of first increasing by x and next increasing by y.
So, we see that the equation presents the following:
1994 percent increase + 1995 percent increase + 1995 additional percent increase due to compounding = 9.2
So, 9.2 represents that total percentage by which the quantity increases from 1993 to 1995.
Of course, this percentage is sufficient for determining the quantity produced in 1995.
Sufficient.
Correct answer: B